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Author: Vickie Helm
According to Messari’s State of XRP 2026 Q1 report, the market view is that XRP had a weak start heading into 2026, but activity on the XRP Ledger increased sharply during the same period. summary In the first quarter, XRP price fell by 27%, but the number of daily XRPL transactions increased by 35.3% to 2.48 million. RLUSD reached $340.3 million in XRPL, becoming the network’s largest stablecoin by the end of the quarter. XRPL’s RWA market capitalization increased 124.1% from the previous quarter to $2.25 billion, marking a new quarterly high. XRP price falls as trading cools Messari said…
South Korean authorities pursued the suspect for months after the CatFi case was initially dismissed, despite early blockchain detective reports and evidence. South Korean prosecutors have indicted a group of individuals associated with a Solana-based meme coin project called CatFi after the token was allegedly used in an organized rug pull scheme after collecting investor funds. The Seoul Southern District Prosecutors’ Office confirmed in a statement on Wednesday that five people have now been indicted in connection with the incident, with two of the main suspects in custody and three others facing indictment. Influencer tricks, fake lockups Investigators say the…
In the latest Solana news, SOFIUSD is a dollar-pegged stablecoin launched on both Ethereum and the Solana network in early 2026 by SoFi, a publicly traded bank-chartered fintech company with 15.4 million members. All tokens are backed on a 1:1 basis by a reserve portfolio consisting of 85% short-term US Treasury bills and 15% cash held by FDIC-insured institutions, which are verified monthly by Deloitte and held in segregated accounts at the Federal Reserve Bank of San Francisco. The central tension this article reveals is: The word “regulated” is attached to many financial instruments, but for retail investors considering SOFIUSD,…
CLARITY Law News: The Digital Chamber, a cryptocurrency advocacy group with more than 250 members, has escalated a concerted lobbying effort in the U.S. Senate to pass the Digital Asset Market Transparency Act (CLARITY Act) (official number HR 3633), positioning the bill as the industry’s last real legislative window on federal market structure rules before Congress goes into summer recess. The campaign currently encompasses more than 100 crypto companies operated in parallel by the Cryptocurrency Innovation Council and the Blockchain Association, and follows the promotion of HR 3633, passed by the Senate Banking Committee on a bipartisan vote of 15-9…
Bitcoin losses piled up, with more than 172,000 traders liquidated in a single day, and Bitcoin fell out of the world’s top 10 largest assets by market capitalization. Bitcoin currently ranks 13th in the world, behind gold, NVIDIA, Apple, Microsoft, and silver. Related books Longs will bear the brunt. Total cryptocurrency liquidations reached $921 million within 24 hours, with Bitcoin alone accounting for $352 million. Ethereum followed with $241 million, followed by XRP, ZEC, HYPE, SUI, DOGE, and NEAR with the remaining losses. Long positions accounted for more than 90% of all liquidations, indicating that traders were betting on a…
Trustworthy editorial content reviewed by industry-leading experts and experienced editors. Advertising disclosure Nearly 40% of all Bitcoin in circulation was purchased at a higher price than it is currently trading at, leaving the majority of holders with losses. The figures, cited by analyst Dirkforst, reflect general market tension as major companies hold back on purchases and demand shows little sign of recovering. Slow withdrawal by the biggest players According to CryptoQuant, the annual balance growth rate for whale-sized accounts (accounts holding 1,000 to 10,000 BTC) has turned negative. Monthly growth across this cohort has been roughly flat since February, a…
Digital asset markets are heading into a tumultuous 2026, with prices under pressure even as the foundational plumbing of the system, from Wall Street’s tokenization to Bitcoin’s quantum-proof upgrades, is quietly progressing. A new mid-year update from Fidelity Digital Assets positions this year as a year of “structural reform,” with regulatory developments, infrastructure improvements, and institutional experimentation paying off more than headline prices suggest. Bitcoin has fallen about 13% since the beginning of the year, due to deleveraging through liquidations, stubborn inflation, and geopolitical shocks that pushed interest rate expectations back toward tightening, Fidelity said. However, the asset has outperformed…
Samsung Securities, Samsung SDS, and Samsung Card will collectively acquire a 4% stake in Dunum, the operator of South Korean cryptocurrency exchange Upbit, in a deal that will expand the Samsung affiliate’s exposure to the country’s digital asset market, local media reported.According to local reports from Yonhap News and ZDNet Korea, three Samsung affiliates held a board of directors meeting on Thursday and approved the purchase of 1.39 million Dunam shares held by Kakao affiliates for 612.8 billion won ($408 million). Samsung Securities will acquire a 2% stake, and Samsung SDS and Samsung Card will each acquire a 1% stake.…
BIS’s tokenization efforts move past the atomic payments prototype stage and into real-value cross-border payments trials. summary Project Agora has demonstrated tokenized cross-border payments across seven central banks and over 40 financial institutions. The Bank of Canada also weighed in on Wednesday, with real value trading set as the next testing milestone. This prototype maintains, rather than replaces, correspondent banking, sanctions screening, and SWIFT compatibility. BIS’s tokenization efforts move past the atomic payments prototype stage and into real-value cross-border payments trials. The Bank for International Settlements confirmed the move on Wednesday. Project Agora, a public-private collaboration between seven central banks…
Bitcoin ETF News: On May 26, 2026, BlackRock IBIT, the world’s largest spot Bitcoin ETF, recorded $1.3 billion in outflows in one day, extending its selling streak to seven consecutive days and marking the fund’s worst outflow event since its inception in January 2024. Bitcoin fell under pressure during the same period, with the effects of Bitcoin price being felt across the broader crypto market as sentiment turned cautious. The central tension this article unpacks is: If BlackRock’s IBIT is supposed to represent institutional confidence in Bitcoin, then why is the largest institutional Bitcoin product on the planet selling for…